Company News

Reckitt and Colgate To Merge?

Stock surges over speculation

Author Image

By: TOM BRANNA

Editor

The buzz started earlier today that Colgate and Reckitt Benckiser will merge after an article was published in The Daily Telegraph (UK). Spokespersons for both companies refused to comment on the rumors. Reckitt Benckiser Plc is the world’s largest maker of household cleaners. Its shares rose as much as 3.7% in London trading after the Telegraph said the company may be close to a “multi-billion pound cross-border transaction.” Colgate, the world’s largest toothpaste maker, is an “obvious can...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters